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The economic decline in Beckway created high and unusual levels of unemployment. Over 10 million persons re-entered the pool of unemployed and the unemployment rate

The economic decline in Beckway created high and unusual levels of unemployment. Over 10 million persons re-entered the pool of unemployed and the unemployment rate rose to a record high of 18.8%. The largest sector responsible for growth in the economy, Manufacturing, drastically declined. As a result, over 55% of the unemployed persons were out of a job for over a year. As experience and skills became obsolete, more workers lost their jobs. a. With reference to the case identify the two types of unemployment with a short descriptive narrative

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